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Adjust your sales – A smooth home buying process

Whether it is buying your first apartment, a bigger family home, or downsizing, the process is almost the same. Avoid these common mistakes!

Pitfall to avoid – Not thinking money

Talk with a financial specialist about your situation

Obtain a preapproval that allows you to search for properties that fit your budget

Find a mortgage that best suits your needs

Pitfall to avoid - The "lowest" rate with the "lowest" fees is not always the best option

The lowest rate often comes with restrictions that may negatively impact you more than paying a little more up front.

Going straight to your bank may sound easy, but it also limits your options.

An online provider may fit your lifestyle with low fees and remote connectivity, but it may also hinder your ability to meet deadlines or cost you an opportunity.

Pitfall to avoid - Trying to save money by dealing with a listing agent or online services

When calling the listing agent, you might think you are saving money. You probably aren't. They have already agreed to work for the seller. All you have saved is a REALTOR® working exclusively on your behalf.

Working with an agent requires a level of trust. Not being fully honest with them about your requirements, financial situation, or availability will risk wasting your time and energy.

Pitfall to avoid - Not being available

It takes time to locate a home, complete a transaction, and ultimately take possession of keys.

Work with your agent to develop a schedule that consistently gets you looking at homes in your desired market range.

Once you have signed an offer to purchase or agreement, hitting deadlines is critical.

Buying a home is a big step. There are many pitfalls on the path to success. Make sure you have a great team working on your behalf, including your own commitment to take that step.

By The Leesman Team Advantage, REALTORS® at CENTURY 21 Bamber Realty Ltd.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage organization. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC, used under license. ® Trademarks of AIR MILES International Trading B.V. Used under license by LoyaltyOne, Inc. and Century 21 Canada Limited Partnership.

Certain listing content on this website has been provided by The Canadian Real Estate Association. The compilation of such Listing Content is owned by The Canadian Real Estate Association and/or its member Boards and Associations and licensed to Century 21 Canada Limited Partnership.